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Stephens sees more gains for Visa and Mastercard

Published 10/13/2017, 09:32 AM
© Reuters.  Stephens sees more gains for Visa and Mastercard
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  • Stephens is the latest to call for the outperformance at Visa (V +0.5%) and Mastercard (MA +0.8%) to continue. Both payments stocks are tagged with Overweight ratings in new coverage as analyst Brett Huff forecasts earnings beats.
  • The firm gives a slight edge to Visa due to the upside with the European business. Visa catches a price target of $125 to rep 16% potential, while Mastercard's PT of $166 reps 13% upside.
  • Previously: Wells Fargo (NYSE:WFC) positive on Visa and Mastercard (Oct. 11)
  • Now read: Beating The Market With Quality Stocks: MasterCard


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